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CoinDesk

2022-11-14 22:27:59

White House Goes Back to the Future With FDIC Chair Pick Gruenberg

White House Goes Back to the Future With FDIC Chair Pick Gruenberg

President Joe Biden has chosen to nominate Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg to return to the chairmanship he held in previous administrations. The FDIC will have a key role in how crypto will mesh with the U.S. banking system and significant influence over how stablecoin rules are eventually implemented.

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